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3626 West Cornelia Avenue

Chicago IL 60618

6
4
2
Multi-Family
Currently for sale - view listing

Overview

Fully Renovated 2-Flat + Additional Income | Prime Chicago Location. Rarely does an opportunity like this come along- an extensively renovated 2-flat offering multiple income streams, impressive updates, and a prime Chicago location just steps from the Addison Blue Line and I-90/94. Renovated from top to bottom, this property is ideal for an owner-occupant looking to house hack, a seasoned investor seeking strong rental potential, or anyone looking to capitalize on a turnkey multi-unit property. Each unit features 3 bedrooms plus an additional sunroom/office space with in-unit laundry per unit. The basement adds another significant income component with 3 additional bedrooms and 2 bathrooms, currently occupied and generating additional rental income. Major improvements have been completed throughout the property, providing peace of mind for the next owner. Updates include copper plumbing, a new 4-year-old roof that has been professionally maintained yearly, a new garage roof, new siding on both the home and garage, and a reinforced deck and porch. The property also features separate utilities with three utility boxes, making it well suited for multi-unit ownership and income generation. Mechanical and infrastructure improvements include 4-year-old HVAC systems with central air serving all three units, three new sump pumps, a new garage door, and a significant electrical service upgrade by ComEd to 200/400-amp service. Location is another major advantage. The property is approximately a 5-minute walk to the Addison Blue Line, providing convenient access to downtown Chicago and O'Hare, while immediate proximity to I-90/94 makes commuting throughout the city and suburbs exceptionally convenient. With extensive renovations, multiple income-producing spaces, separate utilities, substantial infrastructure improvements, and an unbeatable location,

Features

6 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
Multi-Family

Property history for 3626 West Cornelia Avenue

2011
Sold
$210,000
19 Jul 2011 by Helen Oliveri, of Keller Williams Realty Partners, LLC

Happy sellers in Chicago

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Local market activity for 6 bedroom multi families in Chicago

In the last 12 months, 42 six-bedroom multi families similar to 3626 West Cornelia Avenue, have been sold.

This represents a 34% decrease in six-bedroom multi families sales when compared to the previous 12 months.

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